BlackRock (BLK) Flagging After Hours

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Trade-Ideas LLC identified BlackRock ( BLK) as a post-market laggard candidate. In addition to specific proprietary factors, Trade-Ideas identified BlackRock as such a stock due to the following factors:

BLK has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $143.9 million.

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors. The stock currently has a dividend yield of 2.4%. BLK has a PE ratio of 18.1. Currently there are 8 analysts that rate BlackRock a buy, no analysts rate it a sell, and 6 rate it a hold.

The average volume for BlackRock has been 556,400 shares per day over the past 30 days. BlackRock has a market cap of $54.6 billion and is part of the financial sector and financial services industry. The stock has a beta of 1.30 and a short float of 1% with 4.91 days to cover. Shares are up 3.3% year-to-date as of the close of trading on Monday.